SPDR Gold Shares (NYSEARCA:GLD) Reaches New 1-Year High – Still a Buy?

SPDR Gold Shares (NYSEARCA:GLD) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $436.76 and last traded at $436.21, with a volume of 4429471 shares traded. The stock had previously closed at $421.29.

Trending Headlines about SPDR Gold Shares

Here are the key news stories impacting SPDR Gold Shares this week:

• Positive Sentiment: Global investors are shifting away from U.S. assets after fresh U.S. trade/tariff threats, sending the dollar and Treasuries down and driving a gold spike — a direct tailwind for GLD. ‘This is sell America’ — U.S. dollar, Treasury prices tumble and gold spikes as globe flees U.S. assets
• Positive Sentiment: Multiple market reports show gold and silver hitting record highs on risk aversion and trade/tariff fears, reinforcing demand for bullion exposure through GLD. Strong price gains, record highs in gold, silver on risk aversion
• Positive Sentiment: Spot gold has surged toward new intraday highs (reports cite levels around $4,700+ per oz), supporting continued ETF demand and bullish analyst price targets that could lift GLD over the medium term. Gold price surges to new heights, silver lagging
• Positive Sentiment: Bank and strategist commentary (State Street, FXEmpire coverage) increasingly point to upside potential — some analysts now discussing $5,000 gold — which is bullish for GLD flows if risk-off momentum continues. The odds of gold going to $5,000 just keep getting better and better – State Street’s Aakash Doshi
• Neutral Sentiment: Investor guidance pieces highlight GLD as a direct way to play record gold prices; useful for flows but not new catalyst news. Why You Should Play Record Gold Prices with the GLD ETF
• Neutral Sentiment: Intraday technical analyses and trader “entry level” pieces note key support/resistance levels — helpful for short-term traders but mixed for longer-term GLD investors. Gold market analysis for January 20 – key intra-day price entry levels for active traders
• Negative Sentiment: The Wall Street Journal and others flag a likely technical correction after recent rapid gains — profit-taking and short-term pullbacks can push GLD lower even while the longer-term trend remains bullish. Gold Edges Lower on Likely Technical Correction

SPDR Gold Shares Stock Up 3.3%

The business has a 50 day moving average price of $396.59 and a 200 day moving average price of $357.19. The stock has a market cap of $163.49 billion, a P/E ratio of -32.43 and a beta of 0.09.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Hopwood Financial Services Inc. bought a new position in SPDR Gold Shares in the 3rd quarter worth about $27,000. Vestwell Advisors LLC purchased a new stake in shares of SPDR Gold Shares in the third quarter valued at approximately $27,000. USA Financial Formulas bought a new position in SPDR Gold Shares in the fourth quarter worth approximately $31,000. Chapman Financial Group LLC purchased a new position in SPDR Gold Shares during the 2nd quarter worth $26,000. Finally, Steigerwald Gordon & Koch Inc. purchased a new position in SPDR Gold Shares during the 3rd quarter worth $31,000. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Company Profile

SPDR Gold Trust (the Trust) is an investment trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Trust’s business activity is the investment of gold. The Trust creates and redeems Shares from time to time, but in one or more Baskets (a Basket equals a block of 100,000 Shares). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.